47, PERTH DRIVE, STAPLEFORD, NOTTINGHAM, NG9 8PZ - £168,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 PERTH DRIVE is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £229,727. It was last sold for £168,000 in February 2019, which was around 35% below the average February 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

47 PERTH DRIVE Sold Prices

Land registry data shows two sales for 47 PERTH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 47 PERTH DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 4 FEB	£168,000	£260,259	35% below HPI
2009 17 JUL	£135,000	£178,186	24% below HPI

47 PERTH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 47 PERTH DRIVE sales from July 2009 and February 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 47 PERTH DRIVE be worth now?

47 PERTH DRIVE might now be worth an estimated £229,727.

This is based on house price inflation of 36.7%, between February 2019 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.7% inflationary increase is applied to the most recent sale price for 47 PERTH DRIVE of £168,000 on 4th February 2019. For the value to have increased from £168,000 to £229,727 over the six years to February 2025, the following assumptions must hold true:

• The value of 47 PERTH DRIVE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The February 2019 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 47 PERTH DRIVE has not materially changed since February 2019.

How Large is 47 PERTH DRIVE?

47 PERTH DRIVE is 63m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses houses in Stapleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stapleford, and where 47 PERTH DRIVE lies on this distribution: 10% of detached houses houses are smaller than 47 PERTH DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stapleford.

47 PERTH DRIVE: Plot and Title Map

47 PERTH DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 47 PERTH DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 47 PERTH DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 47 PERTH DRIVE?

47 PERTH DRIVE is located in STAPLEFORD, in the NG9 postcode district. The below map shows the position of No. 47 on PERTH DRIVE.